Tim Cook must take responsibility for this. He was warned countless times about the dangers of relying too much on China for their manufacturing but he ignored the warnings.
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Apple Absorbs Tariff Costs While Electronics Prices Surge, But How Long Will It Last?
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Oh no, Apple might make less than eleventy trillion dollars this year! What ever will we do??? 😂
China's economy is in the tank! They are closing factories like crazy. Without the US, they will be broke like a joke.
Who might they be attempting to scare, and for what purpose?
that is probably likely to happen ...
My question "how long are the tariffs going to last" was more rhetorical as a response to "how long can Apple ..."
The Trump tariffs are not only on China.
We've been hearing this talking point for over a month. "Starting to talk about it" doesn't mean anything.
Meanwhile, Russia escapes all of Trump's tariffs. What an era we live in.
Tariffs are a form of "mutually assured destruction". Everyone feels pain. Trump has almost 2 years until the midterm election so it's a good bet that China blinks first. If the tariffs last for awhile, most industries will diversify out of China and into other countries with lower tariffs. China will try to dump into other countries if they can and the other countries will respond with tariffs of their own against China.
True, they’re also applied to the other countries Tim Cook chose to relocate some manufacturing like Vietnam and India.
Tim Cook truly loves sweatshops, child and slave labour to manufacture his products.
If this would have happened during the Biden administration, Maga would have been screaming to invoke the 25th Amendment!
do you have any idea what time it takes to make changes to your supply chain?
Is Russia stealing intellectual property from the US, flooding us with Fentanyl, and tariffing US products ?
The US also doesn't want Russia to team up with China against the US. The US is also trying to end the war in Ukraine.
do you have any real data to back this statement?
It seems that Trump has already blinked, since he has contacted China about opening up negotiations.
Yes I do actually but it’s not about me. Tim Cook was supposed to be a logistics expert.
Are the penguins doing any of those things? How about Lesotho?
Trump slapped a 10% permanent tariff on the entire world, including Ukraine… but not Russia. I’m sorry, but there’s no escaping that elephant in the room.
Edit to add: @wikiverse has corrected my misstatement about who has not been tariffed: a few other countries share this boon, and all are sanctioned.
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American consumers won’t stand for huge price hikes for the next 2 years. Trump is already the least popular President after the first 100 days in 80 years. His approval rating will only get worse as everyday prices start climbing. He will try and lie his way out of this mess claiming the polls are fake news but he will be forced to back down.
As opposed to... all those electronics companies who don't? OK man! 🤣
Maybe, but a lot of those deep pocket GQP funders, as well as many of their servants in Congress, are part of the current extra-fanatical, last-ditch putsch to try to impose a backward white-predominant ethno-state in the US, and so they might continue going along with whatever Trump's ideological enablers want, while Trump is happy to oblige them all given that they put him in the White House, where he wants to stay both for his ego and to keep him out of prison.
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until someone stands up and says "enough"
that might be voters. which would take a couple years.
perhaps Republicans who get told how bad this impacts business and doesnt create job but kills them could wake up and make a stand.
but then you have people deported illegally and judges being rounded up and ignored...
but hey blame the current quarter figures on Biden. LOL
why would you kill good business in countries you dont have tariffs?
in a struggle to remain profitable, just focus less on US market.
most consumers dont need a new phone or laptop or ipad every two years.
some pain now, ride it out until the midterms, wait for the balance to change from pain, and then when tariffs change the upgrade cycle will be ready for a record rebound.
new marketing keeps the same prices... just adds the end price due to tariffs comes to you from Trump.
